Indianapolis, IN 46220


Property Address

6830 Lake Plaza Drive, Indianapolis, IN, USA

Offering Summary

  • Price: $2,694,700
  • Lot Size: .74 Acres
  • Cap Rate: 4.75%
  • Year Built: 2023
  • Building SF: 2,325
  • Status: Available
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  • New 15-Year Triple-Net (NNN) Corporate Lease with Chipotle
  • Tenant is Paying a Lower Rent Factor Than the Majority of All New Chipotles on the Market for Sale
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • New 2023 Construction with a "Chipotlane" Drive-Thru
  • Chipotle Locations with a "Chipotlane" Generate 10% More in Sales Than Traditional Chipotle Stores
  • 194,585 Residents and 244,069 Daytime Employees within a Five-Mile Radius - Dense Indianapolis Infill
  • Hard Corner Location with Excellent Visibility Along Binford Boulevard, a Significant Indianapolis Thoroughfare (37,145+ Combined Cars per Day at the Intersection)
  • Across from a Top Performing Kroger - Ranked #29 out of 101 Krogers in Indiana According to
  • Average Household Income Exceeds $127,000 in the Immediate Area
  • One Mile Off Interstate 465, a Major Connector for the Greater Indianapolis Area
  • Central Location within 20 Minutes of Downtown Indianapolis, The Fashion Mall at Keystone, Community Hospital North, and Indiana State Fairgrounds

Broker Information